The present paper is divided into four parts: Part I attempts to sketch the challenges and dilemmas of change that contemporary business organisations are confronted with; Part II delineates the desired organisation processes for balancing and effectively managing the contradictory forces and demands emerging out of environmental turmoil; Part III examines the modes for orchestrating norms, ethos, organisational energies and culture to evolve a responding organisation; and Part IV highlights the needed leadership profile to create organisations which could successfully manage the turbulent environment.